Steven
Foale is a consultant at Maurice Blackburn Commercial. He oversees Maurice
Blackburn’s insolvency litigation practice. He is involved in an insolvent
trading claim by the liquidators of Centaur Mining and Exploration Ltd against
the companies directors and an insolvent trading and breach of director’s duty
claim against former directors of Nomad Telecommunications Ltd seeking
compensation of around $20 million.
Steven has considerable expertise in large insolvency litigation and has acted for many insolvency practitioners in relation to examinations under sections 596A and 596B of the Corporations Act, preference actions, insolvent trading actions and breach of duty claims against directors and auditors.
Before starting with Maurice Blackburn in April 2006, Steven practiced for seven and a half years in Adelaide and Sydney, initially with a major Adelaide law firm and then with a boutique insolvency law firm. Steven was then employed as a Litigation Manager by a large litigation funder for three years, selecting and managing large cases including insolvency cases.
Steven holds a law degree and a Bachelor of Commerce from the University of Adelaide and a Graduate Diploma in Applied Finance and Investment from the Securities Institute of Australia.
